Mic Drop
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Everything posted by Mic Drop
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A humble man from Philly was determined to become rich. 30 years later, he built the best track record on Wall Street, making 30% a year for 30 years. Druckenmiller is perhaps the greatest trader ever. How did he do it?
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Why are so many bitcoin miners going bankrupt? We discuss the economics of bitcoin mining, how the difficulty adjustment works, why it makes bitcoin mining a zero sum game, and why it ensures bitcoin is optimized for the saver, not for the miner. Plus, what are the things you need to keep in mind if you are considering getting into mining?
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Building a $500 billion company from scratch, Steve Schwarzman is perhaps the most powerful man on Wall Street. In this documentary, we learn how Schwarzman built his Blackstone empire.
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So far it appears Turbo Tax will first want me to connect Binance.us to Coinledger ($100+ and 4,000 trans limit) and then also to Turbo Tax ($100) just to get the info calculated and reported correctly. Not sure if Tax Act will connect directly with Binance.us and calculate the capital gains correctly yet. If I were you, to avoid this major end of year tax headache, avoid trading until they start sending out consolidated 1099 reports like Robinhood and M1 Finance do. Robinhood really simplifies this trade reporting headache for the average dude. -
The identities of the world’s most powerful people, and the corporations and institutions they run, are well known. What’s poorly understood is a key driving force behind elites’ power: their ability to build, and capitalize on, relationships. That’s the hypothesis of $uperhubs: How the Financial Elite and Their Networks Rule the World, by Sandra Navidi. She calls people with the most connections and influence “superhubs,” and explains how these individuals build global financial power networks with themselves at the center. These “superhubs” increase their power through a multi-dimensional process that encompasses financial, political, corporate— as well as philanthropic and cultural— networks. They share in common an elite education, as well as intelligence and industriousness. But their competitive advantage, and the one they leverage for power, is their ability to build relationships. Elite networks have vulnerabilities, however: they tend to disable corrective mechanisms like regulatory reform, and their self-serving insularity helps sow the seeds of populist rebellions against them.
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That is because Charles DeGaulle Called USA's Bluff on Gold A LONG TIME AGO Translated into English--Press the "CC" button (also other languages) In 1965, French President DeGaulle called for a return to the Gold Standard-- in his speech, he announced that the US plan enabled them to have enormous debts, and would lead to a collapse of the worldwide currency and a second Great Depression. A summary of what DeGaulle said: The U.S. Dollar sooner or later will crash because it is not attached to gold and therefore will be misused by the politicians and the FED who will create immense debt - which we all have to carry in one way or another. And since the Dollar is the world currency it will eventually bring down all other countries aswell. As the U.S. dollar goes, so goes the world. The remedy: currencies attached to gold.
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She nails it. In order to keep the French state wealthy, little kids like that must mine gold in Africa and risk their life in dangerous mineshafts. All so that France can have their exploitative, imperialist colonies which they keep with fiat currency, created out of thin air.
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Some nice heritage from the XJ220 & F-Type...with a dash of T1000 style mimetic polyalloy!
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Btw, it is just about 10% of BTC held in exchanges. There are still more than 1.8 mil on exchanges. Also, since I'm sure many have withdrawn in a hurry, including those who didn't have any prior self custody experience, I hope not many of those 220 000 got lost due to mistake or stolen in some scam
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Cathie Wood Buys the Dip in Bitcoin Fund GBTC as Discount Hits a Record 46% compared to the spot price.
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Xi expects to hold “private” conversations with publicly elected leaders of the western world. Something which is in fact illegal under US law.
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China thinks it has the western world under its control already. Just look at his demeanor
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Some gov’t medical bureaucrats came up with this acronym of “MAID” and thought it conveyed the right tone…. Smh And people say governments can't innovate
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